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EU energy policy uncertainty deterring green investment, peers warn

2013-05-02 01:05:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: "Inertia and uncertainty" over EU energy policy is preventing institutional investors supporting desperately needed clean energy projects, a House of Lords committee will warn today. Around EUR1trn of investment is required by the end of the decade to support the development of a secure and low-carbon energy supply, peers say in a new report. But it expresses alarm at "the degree of uncertainty, complacency and inertia" around how this level of investment can be achieved. The peers conclude...

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